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Monitoring Group highlights value of high-quality audit and need to fund independent standards

April 15, 2022

The Monitoring Group (MG) has published a paper drawing attention to the importance of high-quality audits to investors, issuers, national standard-setters, regulators and others.

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Urging XBRL across the board in comments to SEC

April 15, 2022

It has been a busy week in responses to the Securities and Exchange Commission (SEC) for XBRL US.

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Canada to mandate climate disclosures for banks and insurers

April 15, 2022

The Canadian government is the latest to announce mandatory climate reporting requirements.

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EU Taxonomy Regulation extended across economy

April 15, 2022

In case you missed it, the EU Taxonomy is undergoing an important transformation.

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Assessing the SEC’s climate reporting proposal

April 15, 2022

We are still seeing lots of discussion and information on the US Securities and Exchange Commission (SEC) proposal to introduce mandatory digital climate disclosures.

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Insights on the reporting revolution

April 15, 2022

The accounting revolution will be digitised, says Amir Ghandar in an enjoyable thinkpiece on the International Federation of Accountants (IFAC) website.

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Sustainable investment bodies urge CSRD transition disclosures

April 15, 2022

The European Sustainable Investment Forum (Eurosif) and the UN Principles for Responsible Investment (PRI) have written to EU institutions calling for the inclusion of mandatory disclosures on company transition plans and net-zero commitments in the Corporate Sustainable Reporting Directive (CSRD).

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Effective analysis for identifying structural weaknesses in banks

April 15, 2022

A recent FSI Insights paper from the Financial Stability Institute considers supervisory practices for assessing the sustainability of banks’ business models.

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Numbers on the up: over 2,000 ESEF filings all in one place

April 8, 2022

We now have more than 2,300 ESEF filings available to view, analyse or download at filings.xbrl.org. The inclusion of taxonomy packages in the XBRL Certified Software programme appears to have significantly reduced the number of packaging errors in this year’s reports.

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Getting ready for XBRL tax reporting in Hong Kong with draft taxonomy package

April 8, 2022

Hong Kong’s Inland Revenue Department (IRD) has released a preliminary version of its new IRD Taxonomy Package, in order to facilitate preparations for digital tax reporting.

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